On the recordMay 29, 2014
During the public comment period, there was absolutely zero interest in this program--zero. The SBA already does this. I am all for manufacturing. I am all for small and medium businesses. But we do not need this program. It is an $84 billion program with no interest in it within small or medium businesses. Not one loan has been given out. All it has done is fund the bureaucrats that are established to do this program, and no loans have been made since 2010. In 4 years, zero loans, zero interest. We need to eliminate it. I yield back the balance of my time. The Acting CHAIR. The question is on the amendment offered by the gentleman from Georgia (Mr. Broun). The amendment was agreed to. Amendment Offered by Mr. Grayson
